Trump Administration Offers Tariff Relief In Exchange For $250 Billion Taiwan Chip Investment — TSMC Weighs Arizona Expansion, Says Howard Lutnick
On Thursday, the Donald Trump administration struck a trade agreement with Taiwan aimed at pulling hundreds of billions of dollars in semiconductor investment onto U.S. soil while easing tariff pressure on key Taiwanese exports. US–Taiwan Deal Targets Domestic Chip Manufacturing The Department of Commerce said Taiwanese chip and technology companies will invest at least $250 billion to expand semiconductor production capacity in the U.S. The Taiwanese government will provide $250 billion in credit guaran ...